Area Intelligence

CASA ARA

3 properties
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Median Price
RM 201,000
PSF: RM 287

Residential Market

Median Price

RM 201,000

IQR: RM 168
MAD: RM 165
RM 287 PSF 0.9%

PSF Trends (2021-2025)

CASA ARA in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 201K and a median price per square foot (PSF) of RM 287.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 201K, with most transactions falling within a stable range of RM 82K to RM 320K, and a typical market range of RM 141K to RM 261K.

Most transactions involved flats, with minimal variety in property types.

Price per square foot shows a median of RM 287, though individual units vary from RM 122 to RM 452 in the core range. The broader market spans RM 203.25 to RM 370.75, indicating diverse property characteristics. A wider spread (IQR: RM 167.50) and deviation (MAD: RM 165) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CASA ARA, Barat Daya, Penang

OSM

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Transactions

3 properties grouped by size

650 sqft
1 units Flat
RM 80,000
657 sqft · RM 122.00 PSF
Feb 2024
700 sqft
2 units Flat
RM 320,000
700 sqft · RM 457.00 PSF
Sep 2024
RM 201,000
700 sqft · RM 287.00 PSF
Sep 2023